FEU signed the Memorandum of Understanding with the largest business-association of European Union BUSINESSEUROPE

Federation of Employers of Ukraine signed the Memorandum of Understanding with the largest business-association of European Union BUSINESSEUROPE. This event took place on the eve of X Congress of the Federation of Employers of Ukraine, which was held in Kyiv on December 2.

By signing this significant document EU business showed its readiness for joint projects with Ukrainian business, and expressed a desire for constant communication at level of business organizations.

Today BUSINESSEUROPE represents 20 million of small, medium and large companies, united in 40 national business associations from 34 different EU countries, the European Economic Area, as well as some countries in Central and Eastern Europe.

On the first quarter of 2016 is planned to hold the meeting in Brussels between European and Ukrainian producers, during which the Federation of Employers of Ukraine intends to present the competitive advantages of Ukraine as of the country in which to invest for producing high added value production. Ukraine could also develop production chains with European manufacturers. Examples of such cooperation already exist. So the company "Jabil" and "Yazaki", placing their production in Ukraine, producing electronics and electrical equipment for such major German automotive companies as "Volkswagen" and "Mercedes". The German company "Kromberg and Schubert" in Ukraine produces onboard cable systems for well-known brands of European cars.

International Organization of Employers, which brings together business associations from around the world welcomed FEU with signing of the abovementioned document.

Congress News

The Congress of the Federation of Employers of Ukraine under the slogan “Let’s revive Ukraine together”. The event is focused on the European and Ukrainian visions of Ukraine’s economy lifting out of the protracted recession.

Dmitry Firtash

World-renowned economists recommend Ukraine to purposefully manage the economy, and not leave it to the mercy of the free market. And this management should be done not solely by the state, but by the Government–Business–Society triangle.